The Monthly News Report on Grains for February 2016 is now available and gives mixed predictions for the year ahead.
US corn supplies are forecast to rise to 12-year highs during 2016/17 as production gains following large plantings will outstrip demand hikes.
Wheat stocks are expected to rise despite lower plantings, due to improved yields and an increase in supplies at the start of the marketing year.
Soybean stocks are predicted to fall slightly due to a rebound in supplies used for crush and exports.
